Palantir posts record growth but faces European market loss
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Palantir reported record U.S. growth with government revenue reaching $687 million in Q1 2026, an 84% increase year-over-year, prompting a full-year growth guidance boost to 71%. However, the company faces challenges in Europe as Germany's intelligence agency chose ChapsVision's ArgonOS, limiting its market presence. Analysts express a mixed outlook, noting potential as an AI operating system standard but cautioning against high valuations and dependence on government contracts.
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